Newbie Investor with possible first deal
We’ve been looking into investing into real estate and we have an opportunity to buy a duplex that has a vacant side and an occupied side. We are thinking about living in the vacant side while we build a house on our land we bought. How long do we have to occupy it before moving out?
Most Popular Reply
It depends on the loan type and lender. Loans through FHA require a 12-month residency. Some lenders might require a specific residency.